The Bones profit dispute isn't done making a splash. Go inside the latest development:
to challenge the wiping out of $128 million in punitive damages, but there's another aspect of the case being litigated.
Josephson asserts there would be tens of millions of dollars more in the profit pool were it not for misclassifications and failures to report revenue. His agreement for the series provided him with contingent compensation of 12.5 percent that was reducible by the profits paid to all third parties. But Josephson alleges that Fox violated the guaranteed 7.5 percent floor by counting both "above the line" and "below the line" third-party profit participations.
The amended complaint continues, "In dollar terms, TCFTV has thereby improperly reduced the MAGR it reports to Josephson from $236,370,687 to $177,819,677 — far less than '100% of MAGR.' Just this bit of chicanery, in turn, has deprived Josephson of approximately $10 million to date."
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Another Vaping Danger: E-Cigarette Explodes in Teen's FaceA vape pen exploded in the face of this Nevada teen, breaking his jaw and requiring multiple surgeries to repair the damage, according to a case report in the latest NEJM. More information:
Baca lebih lajut »
The Problem With Buying DinosaursShould dinosaur bones be for sale to private collectors? It’s an old question that is raising new concerns for paleontologists.
Baca lebih lajut »
Jamie Forshaw Tapped as Executive Producer of MWM Live (EXCLUSIVE)Jamie Forshaw has been named executive producer of MWM Live, Variety has learned. The theater veteran most recently served as VP of production for Andrew Lloyd Webber’s Really Useful Group. In his …
Baca lebih lajut »
Barry Manilow Gifts North Carolina High School $100,000Barry Manilow gifted $100,000 worth of new band gear to a North Carolina high school in an area still recovering from Hurricane Florence.
Baca lebih lajut »
Emmy-Winning Producer Krishnendu Majumdar to Become Next Chair of BAFTA (EXCLUSIVE)Emmy-winning TV producer Krishnendu Majumdar is set to become the next chairman of BAFTA and the first person of color to occupy the prestigious post. Majumdar will begin his two-year tenure in 202…
Baca lebih lajut »